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Retirement Planning in Richland County, ND

What does it take to retire comfortably in Richland County? Here are the numbers.

Median Income

$67,089

Retirement Income (80%)

$53,671

Est. Nest Egg Needed

$754,750

Cost of Living Index

103

Retirement Income Analysis

Income Needs (Annual)

Target Income (80% rule)$53,671
Est. Social Security$23,481
Annual Income Gap$30,190

Housing Costs

Median Rent$725/mo
Annual Housing$8,700
Property Tax Rate1.1%
Median Home Value$164,500

About Richland County, North Dakota

Richland County in North Dakota has a median household income of $67,089 and a homeownership rate of 69.2%. Using the 4% rule, retirees in this county would need approximately $754,750 in savings to cover the gap between Social Security and their target retirement income.

These are estimates based on county-level medians. Your actual retirement needs depend on your specific income, expenses, healthcare costs, Social Security benefits, and investment portfolio. Use our calculator for a personalized Monte Carlo analysis.

Plan Your Retirement in Richland County

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Other Counties in North Dakota

Cass CountyBurleigh CountyGrand Forks CountyWard CountyWilliams CountyMorton CountyStark CountyStutsman County

County-level data from U.S. Census Bureau American Community Survey (ACS) 2022 5-Year Estimates. Additional sources: SSA, BLS. Estimates based on county-level medians and the 4% withdrawal rule. This is not financial advice.